Jean G.
How much to bid on commercial NPNs (past maturity)
17 November 2024 | 5 replies
The notes are all on commercial properties (office, warehouse, shopping center, mixed use or sometimes multifamily)The properties are either vacant or occupied by tenants, not owner occupiedThe property value is usually higher than both the UPB and the legal balance, sometimes significantly higher than theNow it is important to mention that I have very little experience with issuing notes and buying performing notes.
Harsh Poshti
Mixed zone property investment ideas
24 November 2024 | 5 replies
This is something I've found in Philadelphia where I invest and the same holds true in many markets.
Nadir M.
Which PM software is most recommended?
23 November 2024 | 9 replies
Just want a software that does a great job handling the overall operations smoothly, a one-stop-shop for all PM needs.
Patrick Flanagan
1st time 1031 exchanging
21 November 2024 | 3 replies
What I did was after my sale was under contract and I was down to a couple weeks from closing I started shopping seriously and had my replacement under contract a couple days before my sale closed.
Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
Hunter Hanlon Taylor
Short-term rental (first property)
18 November 2024 | 4 replies
Quote from @Hunter Hanlon Taylor: I ended up using The Mortgage Shop, LLC!
Shelby McKean
New to investing, 2nd wind career (let’s not say older investors), life complexities
21 November 2024 | 3 replies
Based on the wording of your post, it appears you're passionate about Affordable and Workforce Housing, would that be true?
Braeden Warg
Crawl space encapsulation
19 November 2024 | 2 replies
Hi Braeden, my advice would be to shop around for other companies if that is the initial quote you got.
Jamie Banks
Baselane - Banking Solution for Landlords
25 November 2024 | 36 replies
Is it true tenants can't pay beyond the due date?
Joshua Carvalho
The Rise of Waco, TX as a Prime Market for REI
18 November 2024 | 17 replies
They began their company, Magnolia, years ago as a house flipping business and a small gift shop that they still own and sell products out of.